Gold loses thousands in value in Pakistan

Karachi: Gold prices in Pakistan declined on Monday in line with their loss in the international market. The price of yellow metal reached Rs358,800 per tola after a decline of Rs3,600 during the day.

Per the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs307,613 after it lost Rs3,086.

On Saturday, gold price per tola reached Rs362,400 after a decline of Rs300 during the day.  The international rate of gold also declined by $36 to settle at $3,361 per ounce.